Covered Bonds Market
The Cover – essential daily information on the covered bond market
The Cover is a daily online news service dedicated to the covered bond market. Published by the GlobalCapital group, The Cover delivers exclusive breaking news on new covered bond issues as they are launched, as well as essential information on the secondary markets, covered bond regulation and the people that matter.
Global Benchmark Ranking
The Cover has been specifically designed so that its members can comment on articles and vote on transactions, and thereby reflect what the market really thinks. The Cover also generates bespoke league tables in partnership with Dealogic (the leading data provider.)
Each week, The Cover publishes the latest global benchmark ranking for the covered bond market, as well as a unique league table that excludes self-led deals and information on bookrunners in all currencies.
Every day, subscribers to The Cover receive a daily news alert that is also available in on mobiles devices such as a BlackBerry. Subscriptions to The Cover include full access to coveredbondnews.com, league tables and a searchable archive, powered by Google.
Most Read Articles
Covered bonds face LCR conundrum
This year will see an important step taken in the European implementation of Basel III’s Liquidity Coverage Ratio. For covered bond bankers, the thorny issue of what constitutes a liquid product is top of the agenda and they argue that a purely quant ...
The best hope for covered bonds in 2015
The third covered bond purchase programme will not expand the European Central Bank’s (ECB) balance sheet to the extent needed because the market is too small. And spread tightening will not encourage greater issuance, as the ECB expects. The best ho ...
Rabobank’s RMBS is cheap to Dutch conditional pass throughs
Rabobank’s Obvion subsidiary sold nearly €2bn of five year RMBS last Thursday, at a considerable spread pick up to where Dutch pass-through covered bonds from entities with much weaker ratings would be expected to price. The deal, originated by one o ...
Senior unsecured should widen to covered bonds
Banks may have become safer places to invest, but investors in senior unsecured bank debt have been shunted down capital structure. Senior spreads do not reflect this new credit risk, especially compared with covered bonds not eligible for the covere ...
Covered bond market eager to see off ECB cuckoo
The European Central Bank’s purchasing programme is having an unwelcome impact on covered bonds, but the market will remain an intrinsic component of bank financing, and will evolve with new products and structures.